Toshiba Q2 Results: Sales Of $17.8 Billion, Operating Profit Of $22 Million

Posted on Oct 31 2012 - 10:40am by Editorial Staff

Toshiba today announced its consolidated results for the first six months (April to September) and second quarter 2012 results, ended March 31, 2013. The company reported the sales of $17.8 billion with making an operating profit of $722 million for the quarter. The continuing European debt crisis, slowdowns in both India and China and a strong yen were leads to “increase uncertainty about the future.”

For its electronic device segment, the company saw an operating profit, which includes its NAND memory chip business, dropping 28 percent to 27.6 billion yen in the six months time to September. Shares of Toshiba closed up 4.59 percent ahead of the results while Toshiba’s benchmark Nikkei closed up 0.98 percent.

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